Soft housing market, NZICC costs mar Fletcher half-year
Ahead of Wednesday’s formal interim result, Fletcher also tamps down full-year outlook.
Fletcher Building gave a heads-up two days out from its official half-year results.
Fletcher Building has told its investors to expect higher revenue and earnings before interest and taxes before significant items, but a substantially reduced interim net profit, largely due to further expected costs on the fire-damaged International Convention Centre.
And it’s given a heads up
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